Word: markets
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Dates: during 1920-1929
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...small, thin man (hardly five feet tall) with a brown suit which he has worn so consistently that it is indelibly associated with him. Of German descent, he is an Orthodox Jew, and rarely visits the Exchange on Saturdays except when there is a very threatening bear market. The main plant is in Philadelphia; the New York office, at No. 16 Exchange Place, is small as to staff and scarce as to furniture. On the walls hang many photographs of family Blumenthal groups-the various Blumenthals with their wives and children and an old group picture of the five brothers...
...Bull Market. The strong bull cocoa market was somewhat disturbed at a U.S. Department of Commerce estimate of a record-breaking African cocoa crop. Even after this bearish announcement, however, trading continued at twice its normal rate. Commodity markets in general have been exceedingly active. On the Coffee and Sugar Exchange, for instance, a seat last week sold for $31,000, a new peak price. It was thought that Federal Reserve attacks on Wall Street were diverting money to the commodities, though this theory did not well coincide with Wall Street's recently renewed activity...
...Fiench language, Anglo-Saxons have added the word "beefsteak."* Happenings of last week made it possible that the U. S. branch of the Anglo-Saxon family might also add the word "flivver' For Henry Ford was preparing to drive vigorously for the French market and to compete sharply with Citroen, the popular-priced French car which sells at approximately the same price ($1,000) in the French market as the least expensive of the new Fords...
...capable of assembling some 15,000 Fords a year-which is about the number of Fords sold in France prior to the scrapping of famed Model T. The introduction of the new Fords held up production, but the new "Henri's" are now ready for the French market. La Journée Industrielle, French industrial magazine, has been beating the tocsin, sounding the alarm, warning French automakers to beware of increased U. S. competition. Inasmuch as total French motor car production-both trucks and passenger cars-amounts to about 250,000 cars per year, whereas U. S. automobile makers...
Although it has been denied that Ford of France will be a subsidiary of Ford of England, the fact remains that Ford Motor Co., Ltd., of England, was given charter rights to market Fords throughout Europe (except in Soviet Russia), in Asia Minor and in certain parts of Africa. Ford companies were to be acquired in France, Belgium, Germany, Italy, Spain, Holland, Sweden and Finland, and unsuccessful attempts were made to secure a concession from the Soviet government (TIME, March 4). Ford of England was to hold 60% of the stocks of European Ford companies; the other...